Nordea Bank AB (publ) issues 16 new warrant series on 27 April 2011

Nordea Bank AB (publ) will launch 16 new warrant series on 27 April 2011 under its warrant programme. The underlying assets of the warrants are Nokia Oyj (NOK1V), Fortum Oyj (FUM1V), Metso Oyj (MEO1V), Outokumpu Oyj (OUT1V) shares and OMXH25 and Dow Jones Euro Stoxx 50 indices. The warrants are redeemed by cash payment. Upon expiry of a warrant, the possible net value is paid in cash to the holder of the warrant.

Warrant specific terms and conditions

All Warrants are issued under the warrant programme of Nordea Bank AB (publ) dated 6 October 2010. The base prospectus for the warrant programme and the final terms for each warrant serie are available at the issuer’s website:www.nordea.fi/warrantit. The following terms only summarize the final terms and the base prospectus.

Put Warrant:
(Strike Price – Closing Price) x Multiplier
If the Closing Price is equal to or higher than the Strike Price, no Cash Settlement Amount is paid out.

Closing Price

Reference Price on Closing Price Determination Date.

Closing Price Determination Date

In case of a Share:

Official Closing Price on Final Trading Day

In case of an Index:

OMXH25:
Value of the index, based on Nasdaq OMX Helsinki Ltd weighted average prices of the OMXH25 component shares from 09:40 until 18:30 EET on Expiration Date/Final Trading Day.

Dow Jones Euro Stoxx 50:
Final Settlement Price provided by EUREX

Market place

Nasdaq OMX Helsinki Ltd

Reference Source

In case of Share:

Nasdaq OMX Helsinki Ltd

In case of Index:

OMXH25:
Nasdaq OMX Helsinki Ltd

Dow Jones Euro Stoxx 50:
EUREX

Reference price determination method

Closing Price on Closing Price Determination Date

Exercise procedure

The Bank carries out automatic cash settlement

Listing currency

EUR

Total number of warrants

3 000 000 – 15 000 000

Trading lot

1 warrant

Market maker

Nordea Bank Finland Plc operates as the Market Maker.

Market Maker undertakes to provide bid and ask quotation for the Warrants during the time Warrants are subject to trading on a regulated market, multilateral trading facility or other marketplace. The undertaking is valid in the continuous trading of the regulated market, multilateral trading facility or other marketplace.

The difference between bid and ask quotation is at most (maximum spread):

0,10 EUR, if ask price is < 2 EUR
0,20 EUR, if ask price is > 2 EUR

Quotations concern a minimum amount of one thousand warrants. No bid quotation is given for Warrants that have a market value of less than one (1) cent or corresponding value in other currency. Market Maker is entitled to define the values of the parameters affecting the market making quotation. Market Maker is not liable to maintain its duties as Market Maker, if trading with the underlying asset has ceased.

Market Maker reserves the right to temporarily decline to quoting bid and ask prices during a period in which the Market Maker hedges its own position in an Underlying Assets and at such time as the Market Maker believes there are to be significant difficulties in quoting bid and ask prices due to technical reasons.

In conjunction with such limitation of the Market Maker’s obligation to quote bid and ask prices, the Market Maker shall notify parties on the market regarding the limitation through a notice via the regulated market/multilateral trading facility/marketplace.